Credit facts & stats

Question 1

In 2019, what share of Americans had a FICO score between 700 and 850 (roughly "good" or better)?

Accepted Answer

59%. A majority of Americans fell into this stronger credit-score range.

Question 2

In 2019, what share of Americans held the highest possible FICO score of 850?

Accepted Answer

1.2%. A perfect score is rare, even though it isn't necessary to qualify for the best loan rates.

Question 3

The average FICO Score 8 in the U.S. was about 710 in which year?

Accepted Answer

710 (2020). Average scores climbed notably in the years around the pandemic.

Question 4

By April 2021, the average FICO Score 8 in the U.S. had risen to about:

Accepted Answer

716. Reduced spending and pandemic stimulus payments helped many people pay down debt.

Question 5

In what year was the UltraFICO score, which factors in banking behavior, released?

Accepted Answer

2019. UltraFICO looks at things like checking and savings account activity to help borrowers with thin credit files.

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